FIN 200 Week 1 Assignment Help

FIN 200 Week 1 Assignment Help | Case Study | American University 

Assignment Question:-

Chapter 1 assignments

Problems and Activities:

1) Be able to chart out your goals and categorize them based off significance, time allotment, and attainability. Also learn how to actively plan to save money instead of avoiding thinking about it. Plan to save first and put away for all bills etc. and anything left is residual money left to spend.

2) Evaluate your financial health: make detailed records of what you spend daily

Define your financial goals: writing down your financial goals and attach a price to them 

Develop a plan of action: find a plan that allows for flexibility to meet your needs in the occurrence of an emergency 

Implement your plan: Be able to adjust your plan as you go along. Keeping in mind things happen and adaptations to the plan doesn’t mean you must start all over

Review, Reevaluate, Revise: Be able to update your map of your goals as time demands. When status’ change and you need to add or remove things feel free to implement those changes. 

Chapter 2 Assignments 

Problems and Activities:

1) Their current net worth is $132,850. I would say that given their situation, having no children and are supporting one another they’re in a good situation. Their cars are almost totally paid off and they only have their mortgage left to pay afterwards. I assume they are a young couple who just started living together.

2) 28%

3) 7.7%

4) 3.41%